Cheniere Energy Partners, L.P., through its subsidiaries, owns and operates regasification facilities at the Sabine Pass liquefied natural gas (LNG) terminal located in Cameron Parish, Louisiana on the Sabine-Neches Waterway. The company's regasification facilities include infrastructure of five LNG storage tanks with an aggregate capacity of approximately 17 billion cubic feet equivalent; two marine berths that accommodate vessels with capacity of up to 266,000 cubic meters; and vaporizers with regasification capacity of approximately 4 billion cubic feet per day. It also owns a 94-mile pipeline that interconnects the Sabine Pass LNG terminal with various interstate pipelines. Cheniere Energy Partners GP, LLC serves as the general partner of the company. Cheniere Energy Partners, L.P. was founded in 2003 and is based in Houston, Texas.
IPO Year: 2007
Exchange: AMEX
Website: cqpir.cheniere.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
6/24/2024 | Mkt Perform | Bernstein | |
2/22/2024 | Sell → Hold | Stifel | |
11/3/2023 | $53.00 | Hold → Sell | Stifel |
10/6/2023 | $48.00 | Sell | Goldman |
7/19/2023 | $57.00 | Neutral → Buy | UBS |
6/1/2023 | $43.00 | Peer Perform → Underperform | Wolfe Research |
12/9/2022 | $47.00 | Sell | Citigroup |
8/11/2022 | $54.00 → $55.00 | In-line → Outperform | Evercore ISI |
5/31/2022 | $55.00 | Equal Weight → Underweight | Wells Fargo |
3/8/2022 | $46.00 → $52.00 | Sector Perform | RBC Capital |
Cheniere Energy, Inc. ("Cheniere") (NYSE:LNG) today announced its financial results for the second quarter 2024. SECOND QUARTER 2024 SUMMARY FINANCIAL RESULTS (in billions) Three Months Ended June 30, 2024 Six Months Ended June 30, 2024 Revenues $3.3 $7.5 Net Income1 $0.9 $1.4 Consolidated Adjusted EBITDA2 $1.3 $3.1 Distributable Cash Flow2 $0.7 $1.9 2024 FULL YEAR FINANCIAL GUIDANCE (in billions) 2024 Previous
Cheniere Energy Partners, L.P. ("Cheniere Partners") (NYSE:CQP) today announced its financial results for second quarter 2024. HIGHLIGHTS During the three and six months ended June 30, 2024, Cheniere Partners generated revenues of $1.9 billion and $4.2 billion, net income of $570 million and $1.3 billion, and Adjusted EBITDA1 of $832 million and $1.8 billion, respectively. With respect to the second quarter of 2024, Cheniere Partners declared a cash distribution of $0.810 per common unit to unitholders of record as of August 7, 2024, comprised of a base amount equal to $0.775 and a variable amount equal to $0.035. The common unit distribution and the related general partner dis
Cheniere Energy, Inc. ("Cheniere" or the "Company") (NYSE:LNG) announced today that its subsidiary Cheniere Marketing, LLC ("Cheniere Marketing"), entered into a long-term liquefied natural gas ("LNG") sale and purchase agreement ("SPA") with Galp Trading S.A. ("Galp"), a subsidiary of Galp Energia, SGPS, S.A. ("Galp Energia"). Under the SPA, Galp has agreed to purchase approximately 0.5 million tonnes per annum ("mtpa") of LNG for 20 years from Cheniere Marketing on a free-on-board basis for a purchase price indexed to the Henry Hub price, plus a fixed liquefaction fee. Deliveries are expected to commence in the early 2030s and are subject to, among other things, a positive Final Investm
Cheniere Energy Partners, L.P. ("Cheniere Partners") (NYSE:CQP) today declared (i) a cash distribution of $0.810 per common unit to unitholders of record as of August 7, 2024, comprised of a base amount equal to $0.775 and a variable amount equal to $0.035, and (ii) the related distribution to its general partner. These distributions are payable on August 14, 2024. Publicly traded partnerships that earn net income in a calendar year that is effectively connected with the conduct of a US trade or business are generally required to withhold US income tax from distributions paid to foreign persons. The portion of our quarterly cash distributions that are paid to foreign persons will generall
Cheniere Energy, Inc. ("Cheniere") (NYSE:LNG) announced today that it plans to issue its earnings release with respect to second quarter 2024 financial results on Thursday, August 8, 2024 before the market opens. Cheniere will host a conference call for investors and analysts at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) that day to discuss second quarter results. A listen-only webcast of the call and accompanying slide presentation will be available at www.cheniere.com. After completion of the webcast, a replay will be available on the Cheniere website. About Cheniere Cheniere Energy, Inc. is the leading producer and exporter of liquefied natural gas ("LNG") in the United Stat
Cheniere Energy Partners, L.P. ("Cheniere Partners") (NYSE:CQP) announced today that it has priced its previously announced offering of Senior Notes due 2034 (the "CQP 2034 Notes"). The CQP 2034 Notes will bear interest at a rate of 5.750% per annum and will mature on August 15, 2034. The CQP 2034 Notes will be issued at a price equal to 99.820% of par. The closing of the offering is expected to occur on May 22, 2024. Cheniere Partners intends to contribute the proceeds from the offering to its subsidiary, Sabine Pass Liquefaction, LLC, to be used to redeem a portion of the outstanding aggregate principal amount of its senior secured notes due 2025 (the "SPL 2025 Notes"). This press relea
Cheniere Energy Partners, L.P. ("Cheniere Partners") (NYSE:CQP) announced today that it intends to offer, subject to market and other conditions, Senior Notes due 2034 (the "CQP 2034 Notes"). Cheniere Partners intends to contribute the proceeds from the offering to its subsidiary, Sabine Pass Liquefaction, LLC, to be used to redeem a portion of the outstanding aggregate principal amount of its senior secured notes due 2025 (the "SPL 2025 Notes"). This press release does not constitute an offer to purchase or a solicitation of an offer to sell the SPL 2025 Notes or a notice of redemption under the indenture governing the SPL 2025 Notes. The CQP 2034 Notes will rank pari passu in right of p
Cheniere Energy, Inc. ("Cheniere") (NYSE:LNG) today announced its financial results for the first quarter 2024. FIRST QUARTER 2024 SUMMARY FINANCIAL RESULTS (in billions) Three Months Ended March 31, 2024 Revenues $4.3 Net Income1 $0.5 Consolidated Adjusted EBITDA2 $1.8 Distributable Cash Flow2 $1.2 2024 FULL YEAR FINANCIAL GUIDANCE (in billions) 2024 Consolidated Adjusted EBITDA2 $5.5 - $6.0 Distributable Cash Flow2 $2.9 - $3.4 RECENT HIGHLIGHTS During the three months ended March 31, 2024, Cheniere gen
Cheniere Energy Partners, L.P. ("Cheniere Partners") (NYSE:CQP) today announced its financial results for first quarter 2024. HIGHLIGHTS During the three months ended March 31, 2024, Cheniere Partners generated revenues of $2.3 billion, net income of $682 million, and Adjusted EBITDA1 of $1.0 billion. With respect to the first quarter of 2024, Cheniere Partners declared a cash distribution of $0.810 per common unit to unitholders of record as of May 9, 2024, comprised of a base amount equal to $0.775 and a variable amount equal to $0.035. The common unit distribution and the related general partner distribution will be paid on May 15, 2024. Reconfirming full year 2024 distributio
Cheniere Energy Partners, L.P. ("Cheniere Partners") (NYSE:CQP) today declared (i) a cash distribution of $0.810 per common unit to unitholders of record as of May 9, 2024, comprised of a base amount equal to $0.775 and a variable amount equal to $0.035, and (ii) the related distribution to its general partner. These distributions are payable on May 15, 2024. Publicly traded partnerships that earn net income in a calendar year that is effectively connected with the conduct of a US trade or business are generally required to withhold US income tax from distributions paid to foreign persons. The portion of our quarterly cash distributions that are paid to foreign persons will generally be s
Bernstein initiated coverage of Cheniere Energy Partners with a rating of Mkt Perform
Stifel upgraded Cheniere Energy Partners from Sell to Hold
Stifel downgraded Cheniere Energy Partners from Hold to Sell and set a new price target of $53.00
Goldman resumed coverage of Cheniere Energy Partners with a rating of Sell and set a new price target of $48.00
UBS upgraded Cheniere Energy Partners from Neutral to Buy and set a new price target of $57.00
Wolfe Research downgraded Cheniere Energy Partners from Peer Perform to Underperform and set a new price target of $43.00
Citigroup initiated coverage of Cheniere Energy Partners with a rating of Sell and set a new price target of $47.00
Evercore ISI upgraded Cheniere Energy Partners from In-line to Outperform and set a new price target of $55.00 from $54.00 previously
Wells Fargo downgraded Cheniere Energy Partners from Equal Weight to Underweight and set a new price target of $55.00
RBC Capital reiterated coverage of Cheniere Energy Partners with a rating of Sector Perform and set a new price target of $52.00 from $46.00 previously
Barclays analyst Theresa Chen maintains Cheniere Energy Partners (NYSE:CQP) with a Underweight and raises the price target from $45 to $46.
Cheniere Energy Partners, L.P. ("Cheniere Partners") (NYSE:CQP) announced today that it has priced its previously announced offering of Senior Notes due 2034 (the "CQP 2034 Notes"). The CQP 2034 Notes will bear interest at a rate of 5.750% per annum and will mature on August 15, 2034. The CQP 2034 Notes will be issued at a price equal to 99.820% of par. The closing of the offering is expected to occur on May 22, 2024.
Cheniere Energy Partners (AMEX:CQP) reported quarterly earnings of $1.18 per share which beat the analyst consensus estimate of $0.97 by 21.65 percent. This is a 66.29 percent decrease over earnings of $3.50 per share from the same period last year. The company reported quarterly sales of $2.29 billion which beat the analyst consensus estimate of $2.25 billion by 2.00 percent. This is a 21.32 percent decrease over sales of $2.92 billion the same period last year.
UBS analyst Shneur Gershuni maintains Cheniere Energy Partners (NYSE:CQP) with a Neutral and lowers the price target from $53 to $50.
Barclays analyst Christine Cho maintains Cheniere Energy Partners (NYSE:CQP) with a Underweight and lowers the price target from $51 to $45.
Cheniere Energy Partners (NYSE:CQP) reported its Q4 earnings results on Thursday, February 22, 2024 at 07:30 AM. Here's what investors need to know about the announcement. Earnings Cheniere Energy Partners beat estimated earnings by 69.05%, reporting an EPS of $1.42 versus an estimate of $0.84. Revenue was down $2.04 billion from the same period last year. Past Earnings Performance Last quarter the company beat on EPS by $0.36 which was followed by a 0.49% increase in the share price the next day. Here's a look at Cheniere Energy Partners's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate 0.83 0.84 1 1.76 EPS Actual 1.19 0.84 3.5 1.94 Revenue Estimate 2.32B 2
Cheniere Energy Partners (AMEX:CQP) reported quarterly earnings of $1.42 per share which beat the analyst consensus estimate of $0.84 by 69.05 percent. This is a 26.8 percent decrease over earnings of $1.94 per share from the same period last year. The company reported quarterly sales of $2.69 billion which beat the analyst consensus estimate of $2.47 billion by 8.74 percent. This is a 43.11 percent decrease over sales of $4.72 billion the same period last year.
Stifel analyst Benjamin Nolan downgrades Cheniere Energy Partners (AMEX:CQP) from Hold to Sell and announces $53 price target.
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4 - Cheniere Energy Partners, L.P. (0001383650) (Issuer)
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8-K - Cheniere Energy Partners, L.P. (0001383650) (Filer)
8-K - Cheniere Energy Partners, L.P. (0001383650) (Filer)
8-K - Cheniere Energy Partners, L.P. (0001383650) (Filer)
8-K - Cheniere Energy Partners, L.P. (0001383650) (Filer)
8-K - Cheniere Energy Partners, L.P. (0001383650) (Filer)
8-K - Cheniere Energy Partners, L.P. (0001383650) (Filer)
8-K - Cheniere Energy Partners, L.P. (0001383650) (Filer)
8-K - Cheniere Energy Partners, L.P. (0001383650) (Filer)
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CERT - Cheniere Energy Partners, L.P. (0001383650) (Filer)
Cheniere Energy, Inc. ("Cheniere") (NYSE:LNG) today announced its financial results for the second quarter 2024. SECOND QUARTER 2024 SUMMARY FINANCIAL RESULTS (in billions) Three Months Ended June 30, 2024 Six Months Ended June 30, 2024 Revenues $3.3 $7.5 Net Income1 $0.9 $1.4 Consolidated Adjusted EBITDA2 $1.3 $3.1 Distributable Cash Flow2 $0.7 $1.9 2024 FULL YEAR FINANCIAL GUIDANCE (in billions) 2024 Previous
Cheniere Energy Partners, L.P. ("Cheniere Partners") (NYSE:CQP) today announced its financial results for second quarter 2024. HIGHLIGHTS During the three and six months ended June 30, 2024, Cheniere Partners generated revenues of $1.9 billion and $4.2 billion, net income of $570 million and $1.3 billion, and Adjusted EBITDA1 of $832 million and $1.8 billion, respectively. With respect to the second quarter of 2024, Cheniere Partners declared a cash distribution of $0.810 per common unit to unitholders of record as of August 7, 2024, comprised of a base amount equal to $0.775 and a variable amount equal to $0.035. The common unit distribution and the related general partner dis
Cheniere Energy, Inc. ("Cheniere" or the "Company") (NYSE:LNG) announced today that its subsidiary Cheniere Marketing, LLC ("Cheniere Marketing"), entered into a long-term liquefied natural gas ("LNG") sale and purchase agreement ("SPA") with Galp Trading S.A. ("Galp"), a subsidiary of Galp Energia, SGPS, S.A. ("Galp Energia"). Under the SPA, Galp has agreed to purchase approximately 0.5 million tonnes per annum ("mtpa") of LNG for 20 years from Cheniere Marketing on a free-on-board basis for a purchase price indexed to the Henry Hub price, plus a fixed liquefaction fee. Deliveries are expected to commence in the early 2030s and are subject to, among other things, a positive Final Investm
Cheniere Energy, Inc. ("Cheniere") (NYSE:LNG) announced today that it plans to issue its earnings release with respect to second quarter 2024 financial results on Thursday, August 8, 2024 before the market opens. Cheniere will host a conference call for investors and analysts at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) that day to discuss second quarter results. A listen-only webcast of the call and accompanying slide presentation will be available at www.cheniere.com. After completion of the webcast, a replay will be available on the Cheniere website. About Cheniere Cheniere Energy, Inc. is the leading producer and exporter of liquefied natural gas ("LNG") in the United Stat
Cheniere Energy, Inc. ("Cheniere") (NYSE:LNG) today announced its financial results for the first quarter 2024. FIRST QUARTER 2024 SUMMARY FINANCIAL RESULTS (in billions) Three Months Ended March 31, 2024 Revenues $4.3 Net Income1 $0.5 Consolidated Adjusted EBITDA2 $1.8 Distributable Cash Flow2 $1.2 2024 FULL YEAR FINANCIAL GUIDANCE (in billions) 2024 Consolidated Adjusted EBITDA2 $5.5 - $6.0 Distributable Cash Flow2 $2.9 - $3.4 RECENT HIGHLIGHTS During the three months ended March 31, 2024, Cheniere gen
Cheniere Energy Partners, L.P. ("Cheniere Partners") (NYSE:CQP) today announced its financial results for first quarter 2024. HIGHLIGHTS During the three months ended March 31, 2024, Cheniere Partners generated revenues of $2.3 billion, net income of $682 million, and Adjusted EBITDA1 of $1.0 billion. With respect to the first quarter of 2024, Cheniere Partners declared a cash distribution of $0.810 per common unit to unitholders of record as of May 9, 2024, comprised of a base amount equal to $0.775 and a variable amount equal to $0.035. The common unit distribution and the related general partner distribution will be paid on May 15, 2024. Reconfirming full year 2024 distributio
Cheniere Energy, Inc. ("Cheniere") (NYSE:LNG) announced today that it plans to issue its earnings release with respect to first quarter 2024 financial results on Friday, May 3, 2024 before the market opens. Cheniere will host a conference call for investors and analysts at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) that day to discuss first quarter results. A listen-only webcast of the call and accompanying slide presentation will be available at www.cheniere.com. After completion of the webcast, a replay will be available on the Cheniere website. About Cheniere Cheniere Energy, Inc. is the leading producer and exporter of liquefied natural gas ("LNG") in the United States, rel
Cheniere Energy, Inc. ("Cheniere") (NYSE:LNG) today announced its financial results for the fourth quarter and full year 2023. YEAR END 2023 SUMMARY FINANCIAL RESULTS (in billions) Three Months Ended December 31, 2023 Twelve Months Ended December 31, 2023 Revenues $4.8 $20.4 Net Income1 $1.4 $9.9 Consolidated Adjusted EBITDA2 $1.65 $8.8 Distributable Cash Flow2 $1.1 $6.5 2024 FULL YEAR FINANCIAL GUIDANCE (in billions) 2024 Consolidated Adjusted EBITDA2 $
Cheniere Energy Partners, L.P. ("Cheniere Partners") (NYSE:CQP) today announced its financial results for fourth quarter and full year 2023. HIGHLIGHTS During the three and twelve months ended December 31, 2023, Cheniere Partners generated revenues of $2.7 billion and $9.7 billion, net income of $906 million and $4.3 billion, and Adjusted EBITDA1 of $1.1 billion and $3.6 billion, respectively. With respect to the fourth quarter of 2023, Cheniere Partners declared a cash distribution of $1.035 per common unit to unitholders of record as of February 7, 2024, comprised of a base amount equal to $0.775 and a variable amount equal to $0.260. The common unit distribution and the related g
Cheniere Energy, Inc. ("Cheniere") (NYSE:LNG) and Cheniere Energy Partners, L.P. ("Cheniere Partners") (NYSE:CQP) announced today that each company has been approved for uplisting to the New York Stock Exchange ("NYSE") from the NYSE American ("NYSE American"). The common stock of Cheniere and the common units of Cheniere Partners will cease trading on the NYSE American after market close on February 2, 2024, and will commence trading on the NYSE effective at the opening of trading on February 5, 2024. Cheniere and Cheniere Partners will continue to trade under the symbols "LNG" and "CQP" respectively. "Cheniere has been listed on the NYSE American or its predecessors for over two decad